Financial outlook
These forward estimates represent the allocation of resources that also enable the delivery of DPC’s key priorities and ongoing delivery of economic, commercial, financial, budget and resource management outputs.
DPC operating statement
|
Net result from continuing operations |
2021–22 |
2022–23 |
2023–24 |
2024–25 |
Income from transactions |
||||
|
Output appropriations |
411.65 |
355.70 |
327.48 |
319.06 |
|
Sales of goods and services |
0 |
0 |
0 |
0 |
|
Grants and other transfers |
65.75 |
65.75 |
65.75 |
65.75 |
|
Other income |
0.00 |
0.00 |
0.00 |
0.00 |
|
Total income from transactions |
477.41 |
421.45 |
393.24 |
384.81 |
Expenses from transactions |
||||
|
Employee benefits |
190.14 |
176.09 |
172.04 |
164.47 |
|
Depreciation and amortisation |
20.91 |
21.26 |
17.94 |
17.89 |
|
Interest expense |
0.03 |
0.03 |
0.06 |
0.05 |
|
Grants and other transfers |
150.89 |
123.53 |
106.92 |
104.75 |
|
Capital asset charge |
11.03 |
10.80 |
10.78 |
10.76 |
|
Other operating expenses |
104.41 |
89.75 |
85.50 |
86.89 |
|
Total expenses from transactions |
477.41 |
421.45 |
393.24 |
384.81 |
|
Net result from transactions (net operating balance) |
0.00 |
0.00 |
0.00 |
0.00 |
Asset outlook
DPC capital program 2021–22
New projects ($ thousand)
|
Total estimated investment |
Estimated expenditure 2021–22 |
Remaining expenditure |
Estimated completion date |
|
|
Alternative Quarantine Accommodation Hub: Planning (statewide) |
15 000 |
5 000 |
.. |
qtr 2 2021–22 |
|
The estimated completion date relates to completion of planning and design activities. |
||||
|
Enhancing customer experience with more digital services for Victorians (statewide) |
16 200 |
8 100 |
8 100 |
qtr 4 2022–23 |
|
Public Record Office Victoria asset maintenance and renewal program (North Melbourne) |
700 |
500 |
200 |
qtr 4 2022–23 |
|
Total new projects |
31 900 |
13 600 |
8 300 |
|
Existing projects ($ thousand)
|
Total estimated investment |
Estimated expenditure 2021–22 |
Remaining expenditure |
Estimated completion date |
|
|
Addressing the security and workplace requirements of government buildings (East Melbourne) |
2 900 |
.. |
.. |
qtr 4 2022–23 |
|
Digital Victoria (statewide) |
39 805 |
6 159 |
32 146 |
qtr 4 2023–24 |
|
New Laws to Criminalise Wage Theft (statewide) |
4 000 |
3 460 |
.. |
qtr 4 2021–22 |
|
Recording visitation for coronavirus (COVID19) contact tracing purposes (statewide) |
4 164 |
756 |
476 |
qtr 4 2022–23 |
|
Service Victoria (statewide) |
14 838 |
2 701 |
1 276 |
qtr 4 2022–23 |
|
Total existing projects |
65 707 |
13 076 |
33 898 |
|
|
Total DPC projects |
97 607 |
26 676 |
42 198 |
|
|
Other capital expenditure |
na |
5 291 |
na |
various |
|
Total 2021–22 DPC capital expenditure |
31 967 |
Completed projects ($ thousand)
|
Total estimated investment |
Financial completion date |
|
|
Enhancing public sector capability (Melbourne) |
1 380 |
qtr 4 2019–20 |
|
Public Record Office Victoria asset maintenance and renewal program (North Melbourne) |
3 618 |
qtr 4 2019–20 |
|
Security and building upgrades for government buildings (Melbourne) |
13 559 |
qtr 4 2020–21 |
Updated